A Stock Is Bought for $22

question 116

Multiple Choice

A stock is bought for $22.00 and sold for $26.00 one year later,immediately after it has paid a dividend of $1.50.What is the capital gain rate for this transaction?

• A)0.27%
• B)4.00%
• C)15.00%
• D)18.18%
• E)20.00%

---

Definitions:

External Genitalia

The reproductive organs located on the outside of the body, such as the penis and vulva, which are visible and identifiable at birth.

Testosterone

is a steroid hormone primarily produced in the testes of males and the ovaries of females, responsible for the development of male secondary sexual characteristics.

Y Chromosome

One of the two chromosomes that determine sex; in males, one member of the 23rd pair of chromosomes is Y.

Male or Female Genitalia

The sexual and reproductive organs specific to males (penis, scrotum, etc.) and females (vagina, ovaries, etc.).